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Dec 7, 2012
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when it comes to the fiscal cliff that is threatening our economy and jobs the white house has wastde another week. secretary gitener came here to offer a plan that had twice the tax hikes that the president campaigned on and had more stimulus spending thanned the in cuts. and an indefinite increase in the debt limit like for ever. now four days ago we offered a serious proposal based on testimony of president clinton's former chief of staff. since then there has been no count offer from the white house. instead reports indicate that the president has adopted a deliberate stradgeji to slow walk our economy right to the edge of the fiscal cliff. instead of reforming the tax code and cutting spending, the president wants to raise tax rates. but even if the president got the tax rate hike that he wanted, understand that we would continue to see trillion dollar deficits for as far as the eye can see. washington has got a spending problem, not a revenue problem. if the president doesn't agree with our proposal, i believe he's got an obligation to families and small businesses to offer a pl
when it comes to the fiscal cliff that is threatening our economy and jobs the white house has wastde another week. secretary gitener came here to offer a plan that had twice the tax hikes that the president campaigned on and had more stimulus spending thanned the in cuts. and an indefinite increase in the debt limit like for ever. now four days ago we offered a serious proposal based on testimony of president clinton's former chief of staff. since then there has been no count offer from the...
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Nov 30, 2012
11/12
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we don't want to go over the fiscal cliff. that would be bad for the economy. we both think, i believe, i hope, that we need to have a balanced agreement so we will not go over the cliff that would be bat for -- bad for the country, bad for the american people, we don't want to do that. the gentleman in my view doesn't not want to do that. put one way to give some confidence which is very important to the growth of the economy, is to assure, as tom cole, your former chairman of the republican campaign committee, said just the other day, and i believe you're -- in i believe your web meeting that he believes that this ought to be done. we ought to give the 98% assurances. we can debate and the prevailing side will win. but i don't think there's disagreement on the 98%. i think we agree on that as i said before the election and i said after the election, we need to move forward on that. that's something that i think -- on which you and i can agree, the democrats and republicans in this house can agree, that the senate an agree to. there was a bipartisan vote to le
we don't want to go over the fiscal cliff. that would be bad for the economy. we both think, i believe, i hope, that we need to have a balanced agreement so we will not go over the cliff that would be bat for -- bad for the country, bad for the american people, we don't want to do that. the gentleman in my view doesn't not want to do that. put one way to give some confidence which is very important to the growth of the economy, is to assure, as tom cole, your former chairman of the republican...
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Dec 1, 2012
12/12
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thank you. >> next, nancy pelosi answers fiscal cliff questions. this is about 20 minutes. >> good afternoon. i'm here today with my colleague. i invited him here to be with us this afternoon because yesterday i named tim to be the head of the leadership task force of election reform. i believe how we do our policy is directly related to -- it has a direct impact on the policies that we create in congress. our founders risked their lives and liberties and their sacred honor for a government of the many and not government of the money. john larson is the perfect person in that regard. first, i want to talk about the subject at hand. the president has his pen in hand. he is ready to sign the middle class income tax. a similar bill was introduced into the house at that time. since then, we have been asking republican leadership to bring middle income tax cuts to the floor. the clock is ticking. it is important for the tax legislation to happen now. we are calling on the republican leadership in the house to bring this legislation to the floor next wee
thank you. >> next, nancy pelosi answers fiscal cliff questions. this is about 20 minutes. >> good afternoon. i'm here today with my colleague. i invited him here to be with us this afternoon because yesterday i named tim to be the head of the leadership task force of election reform. i believe how we do our policy is directly related to -- it has a direct impact on the policies that we create in congress. our founders risked their lives and liberties and their sacred honor for a...
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Dec 1, 2012
12/12
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and the so-called fiscal cliff. he spoke to reporters on capitol hill. this is about 10 minutes. >> good afternoon, everyone. the president traveled to pennsylvania to visit a small business today to talk about the fiscal cliff. unfortunately, the president and members of his own party who were proposing that we let many small businesses -- as in hundreds of thousands of them -- go over the fiscal cliff. simply put, that's why we don't have an agreement as yet. they said yesterday, this is not a game. i used to be a small business owner. small business owners are regular men and women from all backgrounds who, in today's economy, are facing challenges on a daily basis. the president's tax increase would be another crippling blow for them while doing little to nothing to solve the bigger problem here, our national deficit and national debt. this debt doesn't exist because we don't tax small businesses enough, it exists because washington continues to spend too much and raising taxes on small businesses instead of tak
and the so-called fiscal cliff. he spoke to reporters on capitol hill. this is about 10 minutes. >> good afternoon, everyone. the president traveled to pennsylvania to visit a small business today to talk about the fiscal cliff. unfortunately, the president and members of his own party who were proposing that we let many small businesses -- as in hundreds of thousands of them -- go over the fiscal cliff. simply put, that's why we don't have an agreement as yet. they said yesterday, this...
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Dec 4, 2012
12/12
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cliff, part of the way that you saw this fiscal problem issue grow our relative position in the economy relative to everybody else's. one of our big problems right now is the percentage of government spending is way more than it should be relative to total g.d.p. and part of that is because you don't have the growth in g.d.p. that the right kind of energy policies would produce. if there's an easier formula ever in the history of economics than more american energy equals more american jobs, i don't know what it is, because it's not just the jobs to produce the energy, but it's all the jobs you have if you have this reliable supply of energy. i didn't have time to read it this morning, but on the front page of the "wall street journal" it talks about there's a headline that indicates that there's obvious difficulty of connecting this cheap product we have in natural gas -- and you're cite, christine. 20 years ago we thought we were going to run out of natural gas as a country. connecting this cheap product with a more expensive market, getting it overseas. but that's good news for ameri
cliff, part of the way that you saw this fiscal problem issue grow our relative position in the economy relative to everybody else's. one of our big problems right now is the percentage of government spending is way more than it should be relative to total g.d.p. and part of that is because you don't have the growth in g.d.p. that the right kind of energy policies would produce. if there's an easier formula ever in the history of economics than more american energy equals more american jobs, i...